đ Majority of Fashion Companies Scored Low
- H&M, Puma, and Nike earned the highest scores: 59, 51, and 46.5.
- Shein, Fast Retailing, Lululemon, and Inditex scored the lowest: 2.5, 14, 16, and 16.
- Scores show a significant gap between leaders and laggards.
- "Most companies are far from meeting 2030 benchmarks," says Stand.earth.
đ¨ Greenwashing Concerns
Shein increased emissions by 50%, now surpassing Paraguay.
Lululemon is under investigation by the Canadian Competition Bureau for alleged environmental impact misrepresentation.
"Greenwashing is a serious issue that needs to be addressed," states Stand.earth.
Brands often talk more about their goals than their actual progress.
đą Encouraging Signs
Puma reported 27.4% of its electricity usage from renewables in key supplier tiers.
However, Puma needs to verify growth through on-site power generation and power purchase agreements.
H&M offers grants for suppliers to install rooftop solar.
H&M lacks full transparency on fossil fuel phase-out progress.
Which fashion brands do you think are truly sustainable?
